The behavior of commodities is critical for developing and developed countries alike. This paper contributes to the empirical evidence on the co-movement and determinants of commodity prices. Using nonstationary panel methods, the authors document a statistically significant degree of...

The Environmental Kuznets Curve (EKC) hypothesis – an inverted U-shape relationbetween various indicators of environmental degradation and income per capita –has become one of the ‘stylised facts’ of environmental and resource economics.This is despite considerable criticism on both...

In this paper, we apply time series techniques for panel data to the environmental Kuznets curve (EKC) model. Within the literature that estimates emissions-income relations in the EKC context, little attention has been paid to the time series properties of the data and in particular to whether...